SUUD: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SUUD
Largest movements
- Financial fixed assets -€1.5m
down €1.5m (-100.0%), from €1.5m to €0
- Cash +€326,159
up €326,159 (+300.3%), from €108,618 to €434,776
mainly Investment in fixed assets (net) (+€1.5m) and Net result for the year (+€316,290)
- Tangible fixed assets +€36,335
up €36,335 (+234.8%), from €15,475 to €51,811
- Receivables within one year +€34,786
up €34,786 (+35273.0%), from €99 to €34,885
- Debts after one year -€1.3m
down €1.3m (-100.0%), from €1.3m to €0
- Reserves +€316,290
up €316,290 (+332.5%), from €95,121 to €411,411
- Current portion of long-term debt -€132,844
down €132,844 (-100.0%), from €132,844 to €0
- Trade debts +€32,705
up €32,705 (+454.6%), from €7,195 to €39,900
- Gross operating margin +€323,478
up €323,478 (+213.5%), from €151,514 to €474,992
- Taxes +€67,197
up €67,197 (+212.8%), from €31,572 to €98,769
- Financial charges +€35,198
up €35,198 (+150.2%), from €23,427 to €58,625
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,621,907 | €523,531 | -€1.1m | -67.7% |
| Fixed assets | 21/28 | €1,511,639 | €51,811 | -€1.5m | -96.6% |
| Tangible fixed assets | 22/27 | €15,475 | €51,811 | +€36,335 | +234.8% |
| Furniture and vehicles | 24 | €15,475 | €51,811 | +€36,335 | +234.8% |
| Financial fixed assets | 28 | €1,496,164 | €0 | -€1.5m | -100.0% |
| Current assets | 29/58 | €110,268 | €471,720 | +€361,452 | +327.8% |
| Amounts receivable within one year | 40/41 | €99 | €34,885 | +€34,786 | +35273.0% |
| Other amounts receivable | 41 | €99 | €34,885 | +€34,786 | +35273.0% |
| Cash at bank and in hand | 54/58 | €108,618 | €434,776 | +€326,159 | +300.3% |
| Deferred charges and accrued income | 490/1 | €1,551 | €2,059 | +€507 | +32.7% |
| Total equity and liabilities | 10/49 | €1,621,907 | €523,531 | -€1.1m | -67.7% |
| Equity | 10/15 | €98,121 | €414,411 | +€316,290 | +322.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €95,121 | €411,411 | +€316,290 | +332.5% |
| Distributable reserves | 133 | €95,121 | €411,411 | +€316,290 | +332.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,523,786 | €109,120 | -€1.4m | -92.8% |
| Amounts payable after more than one year | 17 | €1,298,321 | €0 | -€1.3m | -100.0% |
| Financial debts | 170/4 | €1,298,321 | €0 | -€1.3m | -100.0% |
| Amounts payable within one year | 42/48 | €208,090 | €104,890 | -€103,200 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €132,844 | €0 | -€132,844 | -100.0% |
| Trade debts | 44 | €7,195 | €39,900 | +€32,705 | +454.6% |
| Suppliers | 440/4 | €7,195 | €39,900 | +€32,705 | +454.6% |
| Taxes, remuneration and social security | 45 | €66,532 | €64,990 | -€1,542 | -2.3% |
| Taxes | 450/3 | €61,782 | €60,240 | -€1,542 | -2.5% |
| Remuneration and social security | 454/9 | €4,750 | €4,750 | = | 0.0% |
| Other amounts payable | 47/48 | €1,519 | €0 | -€1,519 | -100.0% |
| Accrued charges and deferred income | 492/3 | €17,375 | €4,230 | -€13,144 | -75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310 | €1,821 | +€1,511 | +487.3% |
| Other operating charges | 640/8 | €387 | €528 | +€140 | +36.2% |
| Gross operating margin | 9900 | €151,514 | €474,992 | +€323,478 | +213.5% |
| Operating profit (loss) | 9901 | €150,817 | €472,643 | +€321,827 | +213.4% |
| Financial income | 75/76B | €162 | €1,041 | +€879 | +542.3% |
| Recurring financial income | 75 | €162 | €1,041 | +€879 | +542.3% |
| Financial charges | 65/66B | €23,427 | €58,625 | +€35,198 | +150.2% |
| Recurring financial charges | 65 | €23,427 | €58,625 | +€35,198 | +150.2% |
| Profit (loss) for the period before taxes | 9903 | €127,552 | €415,060 | +€287,507 | +225.4% |
| Income taxes | 67/77 | €31,572 | €98,769 | +€67,197 | +212.8% |
| Profit (loss) for the period | 9904 | €95,980 | €316,290 | +€220,310 | +229.5% |
| Profit (loss) for the period to be appropriated | 9905 | €95,980 | €316,290 | +€220,310 | +229.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.